SuperMoney
Porte Savings Account
in Savings Accounts from Populus Financial Group · Member FDIC
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Porte Savings Account

Claimed
in Savings Accounts from Populus Financial Group · Member FDIC
SuperMoney Net Recommendation Score +89  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +89, equating to 4.8 on a 5 point rating scale.

+89

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

17 users recommend
2 users are unsure
0 users don't recommend
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Highlights
Community Rating Strongly recommended
Monthly Fee $0
APY (Annual Percentage Yield) 0.2% - 3%
(Verified 09/12/2022)
Minimum Balance to Earn APY N/A
Number of Reviews 19

Porte Savings Account Review

Porte Savings Account is offered by Populus Financial Group, a financial services company founded in 1982 and based in Irving, TX. It is made possible by a bank partnership with Metabank,® National Association, Member FDIC. Porte Savings Account is available in 50 states (and Washington, DC).

Key Takeaways

  • Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 3%, which is much higher than the average interest rate for a savings account.
  • $0 monthly fee. This account does not charge any monthly account fees.
  • No minimum initial deposit. There is no minimum balance required to open an account online.

Porte savings account Pros & Cons

Pros Cons
  • Available in all 50 states.
  • High variable APY.
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • Access to a nationwide network of ATMs.
  • No signup bonus.
  • Online-only account with no access to physical branches.

Porte savings account FAQ

Are Porte Savings Account deposits federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC) through Metabank,® National Association, Member FDIC. The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Populus Financial Group offer a signup bonus?

Porte savings account doesn't offer a signup bonus.

What is the minimum initial deposit for Porte savings account?

There is no minimum deposit to open a Porte savings account.
Porte Savings Account Minimums
Description
Minimum Opening Deposit Starting at $0
Minimum Required Balance $0

What APY does Porte Savings Account offer?

Porte savings account offers a variable APY starting at 0.2% and ranging up to 3% (APY stands for annual percentage yield, rates may change).

What fees does Porte savings account charge?

Porte savings account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Porte savings account offer?

This savings account includes the following features:

  • Fraud monitoring - Porte savings account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
  • Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Porte savings account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Porte savings account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Porte savings account?

The customer support email for Porte savings account is CAprivacy@populusfinancial.com.

How do people rate the customer service and user experience of Porte savings account?

Overall, Porte savings account is strongly recommended based on community reviews that rate customer service and user experience.

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Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Opening Deposit Starting at $0
Minimum Required Balance $0
Monthly Fee $0
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
  • Member FDIC
  • Online-Only Account
APY (Annual Percentage Yield) 0.2% - 3%
(Verified 09/12/2022)

Porte Savings Account Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +89, equating to 4.8 on a 5 point rating scale.

+89

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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